One Problem with Using a Command-And-Control Approach to Pollution Reduction

question 90

True/False

One problem with using a command-and-control approach to pollution reduction is that the monitoring costs may be too high.

---

Definitions:

Post-Closing Trial Balance

A listing of all accounts and their balances after closing entries are made, serving as a check to ensure that debits equal credits.

Accounts Receivable

Money owed to a company by its customers for goods or services delivered but not yet paid for.

Retained Earnings Account

An equity account on the balance sheet that represents the accumulated net income of a company that has not been distributed to shareholders as dividends.

Dividends Account

An account in the ledger that records dividends paid out to shareholders by a company.